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  • What can I do to reduce estate taxes in Pennsylvania?

    What can I do to reduce estate taxes in Pennsylvania?
    In Pennsylvania, learning about the taxes your estate and inheritors will endure upon your passing may make it seem like no good deed goes unpunished. However, with careful planning and consulting Pennsylvania estate planning attorneys, you can reduce these taxes to give your beneficiaries as much support as possible. Keep...
  • What are the responsibilities of a trustee in PA?

    What are the responsibilities of a trustee in PA?
    Being named the trustee of a trust fund can be an honor for many, as it shows the creator holds you in high regard. However, if you're unfamiliar with what this actually entails, it's critical to familiarize yourself with these matters. The following blog explores the responsibilities a trustee must...
  • Are inherited IRAs protected from creditors in Pennsylvania?

    Are inherited IRAs protected from creditors in Pennsylvania?
    For many in debt, wondering what will happen to retirement accounts is often at the forefront of their thoughts. Generally, if a creditor files a claim against your estate after your passing, your retirement accounts are protected. If you leave an IRA to a beneficiary, however, and they owe a...
  • What does the executor of a will do in Pennsylvania?

    What does the executor of a will do in Pennsylvania?
    When you are creating a will, there are many important considerations you must make. This includes how you want assets handled, how you would like to distribute them, and who you would like to be responsible for managing your estate. Naming the executor of a will is often one of...
  • What are the most common mistakes trustees make?

    What are the most common mistakes trustees make?
    When you are named the trustee of a trust, you may feel honored that the person who created the fund trusted you enough to put you in charge. However, if you're unfamiliar with the responsibilities of this role, you may be surprised by all the responsibilities. As such, if you're...
  • What happens if an executor doesn’t communicate with beneficiaries?

    What happens if an executor doesn’t communicate with beneficiaries?
    Being named the beneficiary of an estate can be overwhelming, as you may feel honored by your loved one's decision to leave assets to you while also mourning their passing. However, the emotions you experience may only grow worse if the appointed executor does not communicate with you or withhold...
  • Can I set up a trust fund for my niece or nephew in Pennsylvania?

    Can I set up a trust fund for my niece or nephew in Pennsylvania?
    When you don't have children of your own, you may wonder what you'll do with your assets and funds. However, if your siblings have children, you may love them like your own! As such, you may find that taking care of them upon your passing is something you would like...
  • How many witnesses are required for a valid will execution in Pennsylvania?

    How many witnesses are required for a valid will execution in Pennsylvania?
    Unfortunately, many people assume that writing a will is as simple as noting down your assets and how you would like them distributed upon your passing before signing your name and storing it safely. While these are important things to keep in mind for this process, writing a will is...
  • How can I amend my will in Pennsylvania?

    How can I amend my will in Pennsylvania?
    When you create your will, you may feel like a weight has been lifted off your shoulders, as you now have peace of mind that your estate will be handled according to your wishes. However, this is only partially true. While creating a will is critical to ensuring your beneficiaries...
  • How do I appoint an executor to my Pennsylvania estate?

    How do I appoint an executor to my Pennsylvania estate?
    Many people underestimate the importance of planning their estate. However, if you're ready to embark on this process, taking the time to understand the various steps involved is critical. Generally, one of the most important things you must do is appoint an executor. Not sure what this is or why...
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